New Mexico Statutes 57-1-1.2. Definition
Current as of: 2024 | Check for updates
|
Other versions
As used in the Antitrust Act, “person” means an individual, corporation, business trust, partnership, association or any governmental or other legal entity with the exception of the state, except as used in Subsection B of Section 57-1-3 N.M. Stat. Ann., and the United States.
Terms Used In New Mexico Statutes 57-1-1.2
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.